H1 Results Tom Enders Chief Executive Officer Harald Wilhelm Chief Financial Officer
Safe Harbour Statement 2 DISCLAIMER This presentation includes forward-looking statements. Words such as anticipates, believes, estimates, expects, intends, plans, projects, may and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include statements made about strategy, rampup and delivery schedules, introduction of new products and services and market expectations, as well as statements regarding future performance and outlook. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. THESE FACTORS INCLUDE BUT ARE NOT LIMITED TO: Changes in general economic, political or market conditions, including the cyclical nature of some of EADS businesses; Significant disruptions in air travel (including as a result of terrorist attacks); Currency exchange rate fluctuations, in particular between the Euro and the U.S. dollar; The successful execution of internal performance plans, including cost reduction and productivity efforts; Product performance risks, as well as programme development and management risks; Customer, supplier and subcontractor performance or contract negotiations, including financing issues; Competition and consolidation in the aerospace and defence industry; Significant collective bargaining labour disputes; The outcome of political and legal processes, including the availability of government financing for certain programmes and the size of defence and space procurement budgets; Research and development costs in connection with new products; Legal, financial and governmental risks related to international transactions; Legal and investigatory proceedings and other economic, political and technological risks and uncertainties. As a result, EADS actual results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. For a discussion of factors that could cause future results to differ from such forward-looking statements, see EADS Registration Document dated 3 April. Any forward-looking statement contained in this presentation speaks as of the date of this presentation. EADS undertakes no obligation to publicly revise or update any forward-looking statements in light of new information, future events or otherwise.
H1 Results Group Highlights Divisional Highlights Guidance
H1 Key Messages 4 Strong commercial aircraft momentum Key Messages Good operational progress on execution Strategy conclusions: Re-organisation and Re-branding Full year Guidance re-affirmed Financial Highlights Revenues: +6% EBIT* before one-off: +21%, EBIT*: +40% EPS: increase to 0.94, +32% FCF**: - 4.1 bn, expected to reverse in Q4 * Pre-goodwill impairment and exceptionals ** FCF before acquisitions
H1 Commercial Environment 5 in bn H1 H1 Change Order Intake* 96.6 28.2 +241.8% EADS Order Intake* by Segment (in value) : 4% in bn Jun. Dec. Change 96% 97 bn Defence Commercial Order Book* of which Defence 634.8 48.2 566.5 49.6 +12.1-2.8% Airbus: Strong commercial momentum with 758 gross commercial aircraft orders, including 65 additional A350XWB Eurocopter: 34 NH90 booked for France. Temporary slower commercial bookings in H1 Astrium: 1 telecom satellite (Express AMU1) for Russian operator, slower activity in services Cassidian: Stable book to bill, close to 1 EADS Order Book* by Region (in value) : 35% 20% 635 bn 15% 6%2% 22% Asia Pacific Europe Middle East North America Latin America Other countries * Commercial Order Intake and Order Book based on list prices
in in bn H1 Financial Performance 6 Revenues EBIT* before one-off 56 49 Moderate Growth RoS: 5.2% 2.96 3.50 22 5 0.48 12 1.39 25 5 H1 2011 2011 H1 H1 Guidance t/o Defence +14% EPS* before one-off +104% 0.98 12 2.21 RoS: 3.7% +6% RoS: 6.1% +24% 26 5 1.22 2.50 a) RoS: 3.3% 0.72 1.79 2.49 +86% RoS: 5.4% 1.34-0.25 H1 2011 2011 H1 H1 Guidance -1.75 1.45 +21% 1.62 H1 2011 2011 H1 H1 Guidance FCF before Acquisitions Breakeven in bn in bn H1 2011 2011 H1 H1 Guidance -4.14 * Pre-goodwill impairment and exceptionals a) Guidance prior to proposed share buyback figures are, amended with IAS 19 restatement. Capitalised R&D: 244 m in H1 and 155 m in H1
in in bn H1 Profitability 7 EBIT* Performance RoS: 5.4% RoS: 6.1% +40% RoS: 5.6% H1 EBIT* reported +40% RoS: 4.2% H1 one-offs are limited to known A380 impact and $ PDP Mismatch and Balance Sheet Revaluation EPS Performance H1 Net Income of 759 m, + 31% 0.98 1.22 +32% 0.71 0.94 H1 EPS + 32% H1 Financial one-offs linked to negative foreign exchange revaluation EPS* before one off EPS Reported H1 tax rate 28% H1 H1 * Pre-goodwill impairment and exceptionals
* Excluding contribution to plan assets of pension schemes and change of securities ** Includes customer financing in other assets and liabilities H1 Cash Evolution 8 in m 12,292 +1,806-4,452-1,497 Free Cash Flow* before Acquisitions -4,143-13 -2,203 5,933 Net Cash position Dec. Gross Cash Flow from Operations Change in Working Capital** Cash used for investing activities before Acquisitions Acquisitions Share Buyback / Dividends & Others Net Cash position June FCF reflects significant temporary deterioration in working capital linked mainly to inventory ramp up and phasing of delivery plans Financial flexibility: Gross cash 12.6 bn at 30 June
H1 Results Group Highlights Divisional Highlights Guidance
A Airbus Division (incl. ATR & Sogerma) 10 m Order Intake (net) 1) in units Airbus Division H1 H1 Change Airbus Comm. Airbus Military Airbus Division Airbus Comm. Airbus Military Airbus Division 730 722 8 251 230 21 +190.8% Order Book 1) 5,318 5,109 216 4,607 4,388 231 +15.4% Order Intake (net) in value 90,351 89,782 643 21,164 19,991 1,271 +326.9% Order Book 595,792 575,721 20,810 508,158 487,730 21,661 +17.2% Airbus Division External revenue split: 95% 5% Defence Civil Deliveries (a/c) 1) 304 295 12 285 279 7 +6.7% Revenues 18,924 18,235 1,067 17,525 16,864 843 +8.0% R&D expenses in % of revenues EBIT* before one-off in % of revenues EBIT* in % of revenues 1,104 5.8% 1,229 6.5% 1,093 5.8% 1,096 6.0% 1,228 6.7% 1,092 6.0% 9 0.8% 10 0.9% 10 0.9% 1,130 6.4% 845 4.8% 563 3.2% 1,123 6.7% 840 5.0% 558 3.3% 7 0.8% 2 0.2% 2 0.2% -2.3% +45.4% +94.1% 95% 5% Services Platforms Ramp-up and favourable pricing in deliveries driving revenue and EBIT* improvement A350 XWB: Flight test programme underway. Challenges ahead to ensure maturity and ramp-up in line with commitments to customers A400M: Conditions for IOC and Type Certificate agreement with OCCAR and 7 Launch Nations in final stage of discussions. First aircraft delivery to the French Air Force to follow within days. * Pre-goodwill impairment and exceptionals ** Capitalised R&D: 205 m in H1 and 140 m in H1 figures are, amended with IAS 19 restatement and perimeter change 1) Excluding ATR order intake, order book and deliveries
* Pre-goodwill impairment and exceptionals Capitalised R&D: 29m in H1 and 4 m in H1 figures are, amended with IAS 19 restatement Eurocopter 11 in m H1 H1 Change External revenue split: Order Intake (net) in units 167 195-14.4% Order Book 1,047 1,073-2.4% Order Intake (net) in value 2,448 2,448 0% Order Book 12,806 13,491-5.1% Deliveries (units) 190 198-4.0% A 57% 43% Defence Civil Revenues 2,584 2,771-6.7% R&D expenses in % of revenues EBIT* before one-off in % of revenues 143 5.5% 128 5.0% 131 4.7% 198 7.1% +9.2% -35.4% 52% 48% Services Platforms EBIT* in % of revenues 128 5.0% 198 7.1% -35.4% Super Puma flight restrictions impacted deliveries and services, weighing strongly on all H1 KPIs Super Puma: technical solution approved by EASA & CAAs. Major step towards recovery. Pace of return to operations by customers will drive full year delivery level
Astrium 12 External revenue split: in m H1 H1 Change Order Intake (net) 1,911 2,198-13.1% Order Book 11,675 14,317-18.5% 67% 33% Defence Civil Revenues 2,808 2,661 +5.5% R&D expenses in % of revenues EBIT* before one-off in % of revenues EBIT* in % of revenues 51 1.8% 123 4.4% 123 4.4% 54 2.0% 129 4.8% 129 4.8% -5.6% -4.7% -4.7% 32% 44% 24% Services Space Transportation Satellites Good Programme execution: 4 th successful Automated Transfer Vehicle (ATV) docking at the ISS also marking the 55 th consecutive successful Ariane 5 launch EBIT* reflects progress in launchers and satellites but competitive environment and budget constraints are impacting order intake, revenue and margin growth in services * Pre-goodwill impairment and exceptionals figures are, amended with IAS 19 restatement
Cassidian 13 External revenue split: in m H1 H1 Change Order Intake (net) 2,022 2,766-26.9% Order Book 15,078 16,326-7.6% 73% 27% Services Platforms Revenues 2,286 2,186 +4.6% R&D expenses in % of revenues EBIT* before one-off in % of revenues EBIT* in % of revenues 112 4.9% 86 3.8% 86 3.8% 101 4.6% 81 3.7% 81 3.7% +10.9% +6.2% +6.2% 7% 12% 19% 19% 43% Air Systems & Services MBDA Security Systems & Solutions Sensors Other Programme execution as planned, supporting revenues and profitability Increased R&D due to recent acquisitions and Eurofighter export capability Restructuring Programme on track supporting expected margin improvement in H2 * Pre-goodwill impairment and exceptionals figures are, amended with IAS 19 restatement
H1 Results Group Highlights Divisional Highlights Guidance
Guidance 15 Guidance is based on /$ 1.35 as average rate Airbus Order & Deliveries Gross commercial aircraft orders expected to be above 1,000 aircraft Airbus deliveries should continue to grow to between 600-610 a/c Revenues Due to lower A380 deliveries and assuming an exchange rate of 1:$1.35, EADS revenues should see moderate growth in EBIT* and EPS* before one-off By stretching the underlying margin improvement, EADS targets a 3.5 bn EBIT* before one-off in EADS expects EPS* before one-off to be around 2.50 (FY : 2.24), prior to on-going share buyback EBIT* and EPS* Excluding the Wing Rib Feet A380 impact of around 85m in based on 25 deliveries, going forward, from today s point of view, the one-offs should be limited to potential charges on the A350 XWB programme, foreign exchange effects linked to PDP mismatch and balance sheet revaluation. A350 XWB remains challenging. Any schedule change could lead to an increasingly higher impact on provisions An assessment of the need for potential one-off costs from the creation of Airbus Defence and Space will need to be conducted in H2 Free Cash Flow EADS aims to be Free Cash Flow breakeven after customer financing and before acquisitions * Pre-goodwill impairment and exceptionals
EADS 2.0 Strategy Key Messages 16 Evolutionary development for EADS 2.0 EADS will remain a world leader in Commercial Aerospace and a significant player in Defence and Space EADS will capture further growth in Commercial Aerospace with A350 XWB and cost effective evolutions like A320 NEO EADS will adopt a pragmatic approach to flat or shrinking Defence and Space budgets with integration of Airbus Military, Astrium and Cassidian into one Defence and Space entity to optimise market access and improve competitiveness EADS will use the global brand AIRBUS to increase international recognition and enhance integration Strategy will reinforce EADS ability to reach the Group 2015 EBIT* target of 10% RoS**, and enable its newly created Defence & Space division to achieve a sustainable benchmark profitability. Updates on implementation will be given before year-end * Pre-goodwill impairment and exceptionals, ** Excluding A350, US$ 1.30
Airbus Group Focus on Profitability and Value Creation 17 Airbus Revenues: 36.9bn EBIT*: 1.125m Employees: ~68.000** Market trend: Airbus Defence & Space Revenues: 13.7bn EBIT*: 547m Employees: ~45.000 Market trend: Airbus Helicopters Revenues: 6.3bn EBIT*: 311m Employees: ~23.000 Market trend: Maintain world leadership in all commercial aircraft segments Pursue A350 and A320neo Families development to meet EIS targets Ensure serial programme deliveries on time, quality and cost Strengthen supply-chain performance to flexibly capture growth Enforce wordwide presence in all strategic markets Deploy value-added service solutions Foster innovations to address industry challenges Focus on customer-funded, profitable Defence and Government business Increase effectiveness on export markets Merging of today s fragmented Defence & Space activities bringing together what fits together Protect profitability by addressing costs Continue to lead the commercial and public markets Improve productivity and profitability Continue to expand in services globally Prepare the future through product evolutions and new innovative helicopters * Pre-goodwill impairment and exceptionals ** Including PAG, Aerolia, Subsidiaries All figures are indicative based on financials
Appendix
Currency Hedge Policy 19 23.4* Expected exposure Trend (indicative) 0.5 11.7 23.1 20.3 15.1 11.9 Collars Forward Sales Total Dec. Average 2014 2015 2016 2017+ hedge rates vs $*** 1.36 For remaining 6 months ( FY e 1.37 ) 1.35 ( 1.36 in Dec. 12 ) 1.35 ( 1.35 in Dec. 12 ) 1.32 ( 1.32 in Dec. 12 ) 1.32 ( 1.31 in Dec. 12 ) vs $ 1.56 1.57 1.58 1.57 1.57 Mark-to-market value = -1.1 bn Closing rate @ 1.31 vs. $ In H1, new hedge contracts of $ 10.3 bn** were added at an average rate of 1 = $ 1.32 In H1, hedges of $ 11.8 bn** matured at an average hedge rate of 1 = $ 1.37 EADS hedge portfolio**, 30 June at $ 82.1 bn (vs. $ 83.6 bn in Dec. ), average rates of 1 = $ 1.34*** (vs. 1 = $ 1.35*** in Dec. ) and 1 = $ 1.57 (vs. 1 = $ 1.58 in Dec. ) Approximately 50% of EADS US$ revenues are naturally hedged by US$ procurement. Graph shows USD Forward Sales. * Total hedge maturing in ** Total hedge amount contains $/ and $/ designated hedges *** Includes collars at their least favourable rates
H1 Detailed Income Statement & Adjustments 20 in m EBIT* in % of revenues Interest income Interest expenses Other Financial result Finance result * Pre-goodwill impairment and exceptionals H1 1,464 5.6% 92 (264) (235) (407) thereof Goodwill Impair. & Fair value dep. (19) H1 * 1,483 5.6% 92 (264) (235) (407) thereof Impact on EBIT* OPERA- TIONAL one-offs Airbus Division FX oneoff Fin. result one-off H1 * before one-off (28) (108) 1,619 (166) (166) 92 (264) (69) (241) Income before taxes 1,057 (19) 1,076 (28) (108) (166) 1,378 Income taxes (297) 6 (303) 8 32 50 (393) Non-controlling interest (1) (1) (1) Net Income reported 759 (13) 772 (20) (76) (116) 984 Number of shares 806,014,369 806,014,369 806,014,369 EPS reported 0.94 0.96 1.22 Net Income* before one-off excludes the following items: One-offs impacting the EBIT* line (as reported in the EBIT* before one-off) The Other Financial Result, except for the unwinding of discount on provisions The tax effect on one-offs is calculated at 30%
figures are, amended with IAS 19 restatement * Pre-goodwill impairment and exceptionals H1 Detailed Income Statement & Adjustments 21 thereof thereof Impact on EBIT* in m H1 Goodwill Impair. & Fair value dep. H1 * OPERA- TIONAL one-offs FX oneoff Fin. result one-off H1 * before one-off Airbus Division EBIT* in % of revenues 1,038 4.2% (19) 1,057 4.2% (305) 23 1,339 5.4% Interest income Interest expenses Other Financial result Finance result 129 (272) (96) (239) 129 (272) (96) (239) (14) (14) 129 (272) (82) (225) Income before taxes 799 (19) 818 (305) 23 (14) 1,114 Income taxes (221) 6 (227) 92 (7) 4 (316) Non-controlling interest 1 1 1 Net Income reported 579 (13) 592 (213) 16 (10) 799 Number of shares 817,333,453 817,333,453 817,333,453 EPS reported 0.71 0.72 0.98 Net Income* before one-off excludes the following items: One-offs impacting the EBIT* line (as reported in the EBIT* before one-off) The Other Financial Result, except for the unwinding of discount on provisions The tax effect on one-offs is calculated at 30%
* Pre-goodwill impairment and exceptionals H1 Forex EBIT* Impact Bridge 22 in m Bridge Improvement of hedge rates ( :$ 1.38 to 1.37) 0.05 PDP $ mismatch and balance sheet revaluation (0.13) Compared to H1 (0.08)
Expected EADS Average Hedge Rates vs. $ 23 Average hedge rates 1.42 1.40 1.39 Average rates 1.38 1.38 FY 1.36 1.36 1.36* 1.36 1.36 1.36 FY e 1.37 1.34 1.35 1.34 1.32 Q1 Q2 Q3 Q4 e * Q2 actual
Q2 Key figures 24 in bn Q2 Q2 Revenues 13.9 13.5 EBIT* 0.9 0.7 FCF before customer financing ** (1.0) (0.4) Order Intake 46.7 16.2 Revenues EBIT* in m Q2 Q2 Q2 Q2 Airbus 9,743 9,506 637 391 Eurocopter 1,546 1,572 108 134 Astrium 1,439 1,336 57 64 Cassidian 1,345 1,261 79 76 HQ & Others (128) (145) 6 59 of which Other Businesses 127 134 6 (4) of which HQ & Eliminations (255) (279) 0 63 Total EADS 13,945 13,530 887 724 * Pre-goodwill impairment and exceptionals ** Excluding change in securities figures are, amended with IAS 19 restatement
Detailed Free Cash Flow 25 in m H1 H1 Net Cash position at the beginning of the period 12,292 11,681 Gross Cash Flow from Operations * 1,806 2,129 Change in working capital of which Customer Financing Cash used for investing activities** of which Industrial Capex (additions)**** of which M&A (4,452) (53) (1,510) (1,407) (13) (2,808) (80) (1,072) (1,168) (5) Free Cash Flow*** (4,156) (1,751) Free Cash Flow*** before Acquisitions (4,143) (1,746) Free Cash Flow*** before customer financing (4,103) (1,671) Change in capital and non controlling interests Change in treasury shares Contribution to plan assets of pension schemes Cash distribution to shareholders/non-controlling interests Others 130 (1,828) (24) (468) (13) 87 (5) (320) (371) 384 Net cash position at the end of the period 5,933 9,705 * Gross Cash Flow from Operations, excluding working capital change and contribution to plan assets of pension schemes ** Excluding change of securities *** Excluding contribution to plan assets of pension schemes and change of securities **** Excluding leased and financial assets
EADS: Strong Liquidity Position as at 30 June 26 3.0 bn Credit Facility (RSCF) Refinanced in April 2011 New Maturity 2018* 1-year extension April * Undrawn Fully committed by 39 banks* No financial covenants No MAC clause 12.6 bn Total Gross Cash Invested in highly rated securities 6.7 bn Financing Liabilities** (incl. 1.5 bn liabilities of EMTN & 0.8 bn of USD bond liabilities nominal value) 5.9 bn Net Cash EMTN programme Long term rating : Moody s: A2 stable S & P: A positive CP Programme Total = 2 bn - 1.1 bn drawn Short term rating: S & P: A1 * On 14 April, EADS successfully extended for the first time the maturity of its RSCF for one-year with 38 out of 39 banks and on 14 April, successfully extended for the second time the maturity of its RCF for one year, under the same conditions,with 37 out of 39 banks for a total commitment of 2,907 m. ** On 17 April, EADS successfully issued an inaugural US$ 1 bn bond with a 10-year maturity
Net Cash Position 27 in m June Dec. Gross Cash 12,634 17,071 Financing Debts Short-term Financing Debts Long-term Financing Debts (2,192) (4,509) (1,273) (3,506) Reported Net Cash 5,933 12,292 Airbus non-recourse debt 333 345 Net Cash excl. non-recourse 6,266 12,637
Customer Financing Exposure 28 m 100% Airbus 50% ATR 100% Eurocopter June Dec. June Dec. June Dec. Closing rate 1 = $1.31 $ 1.32 Total Gross exposure of which off-balance sheet 1,106 102 1,139 124 73 42 74 45 80 9 84 12 Estimated value of collateral (750) (741) (64) (61) (43) (48) Net exposure 356 398 9 13 37 36 Provision and asset impairment (356) (398) (9) (13) (37) (36) Net exposure after provision 0 0 0 0 0 0
Airbus Customer Financing 29 Active exposure management 2.5 1.5 0.5-0.5-1.5-2.5-3.5 1.4 (2.9) (0.2) Additions and Disposals to Airbus customer financing gross exposure in $ bn 1.5 1.0 0.6 0.5 1.5 (0.9) (0.7) (0.7) (0.2) (1.0) (0.1) (0.2) (0.2) (0.3) (0.3) Additions Sell Down Amortisation Net change 0.9 0.4 (1.3) (2.2) (0.2) (0.2) 0.8 (1.1) (0.1) 0.3 0.6 0.8 0.5 (0.2) (0.2) (0.7) (0.6) (0.1) (0.1) (0.2) (0.1) 0.6 (0.3) (0.1) 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 0.2 (0.2) (0.1) Net Exposure fully provisioned Gross Exposure 1.1 bn ($ 1.4 bn) Net Exposure 0.4 bn Estimated Collateral 0.7 bn 30 June 4.3 3.9 3.1 3.8 4.8 4.6 3.8 1.8 1.5 1.5 1.8 1.7 1.4 1.5 1.4 Gross Exposure in $ bn
* KfW & other German public entities ** Including warehoused shares of SOGEPA (0.07%) and SEPI (0.36%) *** Shares to be cancelled Shareholding Structure as at 30 June 30 New Shareholder Agreement SOGEPA GZBV* SEPI 26.77% 0.86% 11.96% 10.69% 4.12% Free Float 72.37% Institutional Investors & Retail** Treasury shares*** (without economic or voting rights)
Balance Sheet Highlights: Assets 31 in m June Dec. 1) Non-current Assets of which Intangible & Goodwill of which Property, plant & equipment of which Investments & Financial assets of which positive hedge mark-to-market of which Non-current securities Current Assets of which Inventory of which Cash of which Current securities of which positive hedge mark-to-market 45,552 13,597 15,337 4,772 849 4,479 46,110 27,070 5,148 3,007 248 46,778 13,422 15,196 4,777 1,197 5,987 45,329 23,216 8,756 2,328 321 Total Assets 91,662 92,107 Closing rate /$ 1.31 1.32 1) figures are, amended with IAS 19 restatement
Balance Sheet Highlights: Liabilities 32 in m June Dec. 1) Total Equity of which OCI (Other Comprehensive Income) of which Non-controlling interests Total Non-current liabilities of which pensions of which other provisions of which financing debts of which European governments refundable advances of which Customer advances of which negative hedge mark-to-market Total Current liabilities of which pensions of which other provisions of which financing debts of which European governments refundable advances of which Customer advances of which negative hedge mark-to-market 8,328 1,134 47 34,590 6,480 3,650 4,509 5,839 9,737 1,314 48,744 323 5,080 2,192 420 25,198 848 10,428 1,513 25 33,031 6,158 3,669 3,506 5,754 9,881 1,159 48,648 312 5,733 1,273 358 25,333 852 Total Liabilities and Equity 91,662 92,107 1) figures are, amended with IAS 19 restatement
Quarterly Revenues Breakdown (cumulative) 33 m Q1 H1 9m FY reported reported reported reported Airbus Division t/o Airbus Comm.* t/o Airbus Military 9,181 8,822 615 8,019 7,609 425 7,909 7,499 425 18,924 18,235 1,067 17,525 16,864 843 17,246 16,585 843 26,051 25,155 1,194 25,621 24,725 1,194 39,273 37,624 2,131 38,592 36,943 2,131 Eurocopter 1,038 1,199 1,199 2,584 2,771 2,771 4,116 4,116 6,264 6,264 Astrium 1,369 1,325 1,325 2,808 2,661 2,661 3,934 3,934 5,817 5,817 Cassidian 941 925 925 2,286 2,186 2,186 3,484 3,484 5,740 5,740 HQ & others of which other BUs of which HQ & Elim. (142) 78 (220) (64) 197 (261) 46 361 (315) (270) 205 (475) (209) 331 (540) 70 721 (651) (327) 461 (788) 103 1,067 (964) (614) 586 (1,200) 67 1,524 (1,457) EADS Group 12,387 11,404 11,404 26,332 24,934 24,934 37,258 37,258 56,480 56,480 * Includes EFW and excludes A400M figures are amended with Airbus Division perimeter change (SOGERMA and ATR now included in Airbus Commercial)
Quarterly EBIT* Breakdown (cumulative) 34 m Q1 H1 9m FY reported reported reported reported Airbus Division t/o Airbus Comm.* t/o Airbus Military 456 463 15 172 135 11 183 146 11 1,093 1,092 10 563 558 2 553 548 2 844 823 8 837 816 8 1,252 1,147 93 1,230 1,125 93 Eurocopter 20 64 65 128 198 199 275 277 309 311 Astrium 66 65 65 123 129 130 190 191 311 312 Cassidian 7 5 8 86 81 88 145 156 128 142 HQ & others of which other BUs of which HQ & Elim. 47 (4) 51 27 (2) 29 22 (6) 28 53 2 51 86 (6) 92 108 13 95 129 (8) 137 154 15 139 144 2 142 191 49 142 EADS Group 596 333 343 1,483 1,057 1,078 1,583 1,615 2,144 2,186 * Pre-goodwill impairment and exceptionals * Includes EFW and excludes A400M figures are amended with IAS 19 restatement and Airbus Division perimeter change (SOGERMA and ATR now included in Airbus Commercial)
Quarterly Order Intake Breakdown (cumulative) 35 m Q1 H1 9m FY reported reported reported reported Airbus Division t/o Airbus Comm.* t/o Airbus Military 47,337 46,826 540 7,938 7,591 372 7,877 7,530 372 90,351 89,782 643 21,164 19,991 1,271 20,955 19,782 1,271 40,909 39,359 1,691 40,659 39,109 1,691 88,909 87,283 1,901 88,142 86,478 1,901 Eurocopter 804 1,248 1,248 2,448 2,448 2,448 3,586 3,586 5,392 5,392 Astrium 817 1,163 1,163 1,911 2,198 2,198 2,866 2,866 3,761 3,761 Cassidian 1,066 1,806 1,806 2,022 2,766 2,766 3,406 3,406 5,040 5,040 HQ & others of which other BUs of which HQ & Elim. (120) 75 (195) (151) 51 (202) (90) 205 (295) (170) 147 (317) (328) 114 (442) (119) 457 (576) (358) 260 (618) (108) 731 (839) (631) 472 (1,103) 136 1,549 (1,413) EADS Group 49,904 12,004 12,004 96,562 28,248 28,248 50,409 50,409 102,471 102,471 * Includes EFW and excludes A400M figures are amended with Airbus Division perimeter change (SOGERMA and ATR now included in Airbus Commercial)
Quarterly Order Book Breakdown 36 m March June September December reported reported reported reported Airbus Division t/o Airbus Comm.* t/o Airbus Military 574,527 554,221 21,130 482,289 462,266 21,272 480,322 460,288 21,272 595,792 575,721 20,810 508,158 487,730 21,661 506,120 485,682 21,661 504,569 483,856 21,821 502,680 481,957 21,821 525,482 505,333 21,139 523,410 503,218 21,139 Eurocopter 12,708 13,863 13,863 12,806 13,491 13,491 13,283 13,283 12,942 12,942 Astrium 12,061 14,515 14,515 11,675 14,317 14,317 13,804 13,804 12,734 12,734 Cassidian 15,532 16,178 16,178 15,078 16,326 16,326 15,928 15,928 15,611 15,611 HQ & others of which other BUs of which HQ & Elim. (537) 506 (1,043) (667) 487 (1,154) 1,300 2,805 (1,505) (514) 437 (951) (581) 444 (1,025) 1,457 2,817 (1,360) (108) 450 (558) 1,781 2,696 (915) (276) 494 (770) 1,796 2,908 (1,112) EADS Group 614,291 526,178 526,178 634,837 551,711 551,711 547,476 547,476 566,493 566,493 * Includes EFW and excludes A400M figures are amended with Airbus Division perimeter change (SOGERMA and ATR now included in Airbus Commercial)